JPM vs STEP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. STEP offers the higher yield at 4.13%, JPM has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: JPM vs STEP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, StepStone Group Inc. (STEP) has the higher forward dividend yield at 4.13%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and STEP's C (65/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and STEP for 4.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and STEP pays out 165%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and STEP's fair-value estimate is 23% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs STEP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-step
| Metric | JPM | STEP |
|---|---|---|
| Forward yield | 1.94% | 4.13% |
| Annual dividend | $6.60 | $1.72 |
| Payout ratio | 26% | 165% |
| Years of growth | 15 yr | 4 yr |
| 5-yr dividend growth | 9.0% | — |
| 5-yr total return | 114% | 1% |
| Dividend safety score | 82 (A) | 65 (C) |
| Fair value estimate | $364.60 | $32.17 |
| Upside to fair value | +7% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $5.4B |
| P/E ratio | 14.3 | — |
Higher yield
STEP
4.13%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
JPM vs STEP — FAQ
Is JPM or STEP a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 1). STEP offers the higher yield (4.13%), while JPM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, JPM or STEP?
STEP has the higher forward dividend yield at 4.13%, versus 1.94% for JPM.
Is JPM or STEP safer?
JPM has the higher dividend-safety score (82/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or STEP better value right now?
As of Oct 18, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For STEP, its fair-value estimate is 23% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.